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Erase Credit Card Debt
Are you caught in the credit trap? Credit card debt can accumulate for a number of reasons: loss of income, death in the family, medical bills, or divorce. A lot of credit card debt can be very stressful and create a financial strain on your family. It seems like you can keep paying the minimum […]
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Debt Consolidation vs Bankruptcy
What are the differences between debt consolidation and bankruptcy? Debt consolidation allows you to consolidate your credit card debt into one payment. Typically a company will look at your debt, income and expenses, and create a payment plan for you. Debt consolidation will NOT include your finance companies, cash advances, medical bills, or various unsecured […]
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Who can file a Chapter 13?
Just about anyone can file a Chapter 13. There is a jurisdictional limit on your debt. This means that your secured debt can’t be more that $1,081,400 and your unsecured debt can’t be more than $360,475. If you are over the jurisdictional limit, then you are not eligible for a Chapter 13.